Referral Management Market is projected to reach a value of over USD 5.3 billion by 2027

1. Referral Management Market Size, Share, Investment Opportunities, Top Regions, Growth & Forecast by 2027 The Global Referral Management Market is projected to reach a value of over USD 5.3 billion by 2027 at a CAGR of around 9.1%. Referral management is a system tool for the healthcare industry which can track patient’s referral throughout the care. These transitions occur during the critical movement of patients such as a rise in patients care or change in disease diagnosis. Referral management takes place from specialist to specialist, from emergency room discharge to provider or from primary care provider to the specialist. Multichannel referral consolidation reduced referral leakage, increase operational efficiency, referral completion, improved patients satisfaction and complete referral analytics are some of the advantages offered by referral management process. Get Sample Copy of This Report @ https://www.forencisresearch.com/referral- management-market-sample-pdf/ Referral Management Market: Drivers & Restraints Market Driver: Increasing Government Initiatives in Healthcare Governments in developing nations are focusing on the growth of healthcare service and improving the overall healthcare infrastructure. For instance, in September 2018, the U.S. announced few projects such as Texas Children's Pavilion for Women tower expansion (Houston, TX), Mission Hospital tower(Asheville, N.C.), and other. Moreover, increasing demand for advanced healthcare service and rising awareness regarding artificial intelligence in healthcare has increased the governments to initiate spending of new programs. For instance, according to India Brand Equity Foundation, the government of India is aiming to increase healthcare spending to 3% of the GDP by 2022. Owing to these factors there is a need to keep track of every patients’ which will help maintain the history of patients and avoid the delay in treatment. Thus, increasing government initiative in healthcare coupled with rising awareness regarding IT solutions has expected to drive the growth of referral management market. Market Restraint:

2. Increasing Cyber Threats Referral management has the data of patients which help track the patient referral. This system helps to improve and update the communication amongst specialists, doctors, hospital administration, nurses, primary care physicians, and other health providers included in the patient’s care. Referral management system holds patients sensitive data regarding its health and cyberattacks may pose a risk to patient life. For instance, cyber attack of a Ransomware attack which in which attackers hold hospital or physician data hostage until the money is been paid, interrupting service and putting patients life at risk. Thus, increasing and widespread of such cyber-attacks may hamper the growth of referral management market. Referral Management Market: Key Segments Segmentation based on type: Self-Referral, Professional-Referral and Third Party- Referral. Segmentation based on component: Software and Service. Segmentation based on mode of delivery: Web-Based Delivery Mode, Cloud-Based Delivery Mode, and On-Premise Delivery Mode. Segmentation based on end user: Providers, Payers, Patients, and Others. Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis. Referral Management Market: Report Scope The report on the referral management market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered Request Report Methodology On Competition On Global Referral Management Market Here @ https://www.forencisresearch.com/referral-management-market-request- methodology/ List of the leading companies operating in the Referral Management Market include: Forcura (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)

3. McKesson Corporation Allscripts Healthcare, LLC CERNER CORPORATION eHealth Technologies Kyruus REFERRALMD Advisory Board Clarity Health Services, Inc. L3Harris Technologies, Inc. Eceptionist, Inc. CareThrough Chart Request Persistent Systems To Understand How COVID-19 Impact is Covered in This Report. Consult with an Analyst @ https://www.forencisresearch.com/referral-management-market-consult-with-an-analyst/ Referral Management Market: Report Segmentation For the scope of the report, In-depth segmentation is offered by Forencis Research Referral Management Market, by Type Self-Referral Professional-Referral Third Party-Referral Referral Management Market, by Component Software Service Referral Management Market, by Mode of Delivery Web-Based Delivery Mode Cloud-Based Delivery Mode

4. On-Premise Delivery Mode Referral Management Market, by End User Providers Payers Patients Others Referral Management Market by Region Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific) North America (US, Canada, Mexico) Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe) Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) South America (Brazil, Argentina, Rest of South America) Purchase this Premium Industry Research Report with Analysis @ https://www.forencisresearch.com/referral-management-market-purchase-now/ About Forencis Research Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

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